U.S. Spot Ether ETFs Hit Eighth Day of Outflows Amid Derivatives Selloff

Key Facts

1U.S. spot Ether ETFs recorded $72.5 million in net withdrawals on October 8.

2Ether saw its eighth consecutive day of outflows, leading a broader selloff in the derivatives market.

U.S. spot Ether exchange-traded funds recorded $72.5 million in net withdrawals on October 8, 2026. TokenPost reported that this marks the eighth consecutive day of outflows, which has triggered a broader selloff across the cryptocurrency derivatives market.

The price of Ether hovered near the $2,500 mark as persistent institutional outflows weighed on sentiment. According to TokenPost, total crypto long liquidations reached $1.04 billion, with Ether-specific liquidations accounting for $318.3 million as of the evening of October 8, 2026.